Indian Energy Maharatna ONGC has moved up two places in Forbes ranking of the global players in oil and gas operation industry. ONGC has moved up two places to 21st position from previous 23rd it held last year.
In the overall Forbes Global 2000 list, ONGC is ranked at 176th. It is third among 54 Indian companies which made it to this list of 2000.
Forbes compiles this Global list by screening for the biggest public companies in the world on four metrics: Sales, Profits, Assets and Market valuation. The composite of the four metrics, as on 1st April, 2014, has been considered for the ranking.